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Find a Stilton Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Stilton? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Stilton home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Stilton conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Stilton

In what way does my ID and proof of funds have anything to do with my conveyancing in Stilton? What am I being asked for?

It is indeed that case that these requests have nothing to do with conveyancing in Stilton. However these days you can not complete any conveyancing transaction if you have not submitting evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as proof of ID it needs to be both the paper element and photo card part, one is not satisfactory without the other.

Verification of your origin of money is necessary in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor must have this information on record. Your Stilton conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any money from you into their client account and they should also ask additional questions regarding the source of monies.

My wife and I have organised a further advance on our home loan from HSBC as we wish to conduct renovations to our home in Stilton. Do we need to select a nearby Stilton solicitor on the HSBC conveyancing panel to deal with the legals?

HSBC don't usually appoint firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the HSBC panel.

We have agreed to purchase a house in Stilton. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?

Given that your lender is HSBC your lawyer must comply with the conveyancing requirements contained in Section 2 of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook sets out minimum conditions for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease fails to comply with these requirements. The conditions relate to the installation of panels on properties countrywide and is not isolated to Stilton.

I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Stilton bank branch on numerous occasions and was told it does not affect the mortgage offer and they will lend. My Stilton conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they will not lend in accordance with their specific requirements. Who do I believe?

The conveyancing practitioner must follow the Council of Mortgage Lenders’ Handbook section two specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.

I bought my home on 5 January and my personal details is not yet registered. Need I be worried? My conveyancing solicitor in Stilton advises it will be dealt with in a couple of weeks. Are transfers in Stilton uniquely lengthy to register?

There is nothing unique about conveyancing in Stilton registration formalities. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry must send notices to any third parties. At present roughly 80% of such applications are fully addressed in less than three weeks but occasionally there can be longer delays. Historically registration takes place once the new owner has moved in to the property thus post completion formalities is not usually top priority but where it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.

I have been on the look out for a ground for flat up to £195,000 and identified one near me in Stilton I like with a park and railway links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Stilton in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a mortgage that many years may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

My business partner and I are hoping to take over a lease of an office on a shopping parade. Can you recommend conveyancers offering no-move-no charges for non-domestic conveyancing in Stilton for less than £2000?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Stilton, including the sale and acquisition of businesses as well as simply property. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right lawyer. As for the fees these will vary based on the structure and terms of the proposed transaction. Please provide us with your contact information or telephone so as to enable us to provide you with comprehensive commercial conveyancing calculation.

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